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is 401k never meant to be what it is today. it started out simply as a tax deferment vehicle and some how it became the thing to put your retirement savings in. > >lot of people say i've got a 401k, i've got some savings, i have a few investments. i have social security and that's not enough combined. in a society where spending drives the economy it's just hard to buckle down and systematically put money aside every month. > >there's also another study by the center for public policy that found the 401k only really works for people at the top end of the economic spectrum who can afford to put money in it---enough money to make it work. for most people, they're working to pay their bills. it's not like people are sitting around wondering what to do with their spare cash. > >sobering information we need to keep thinking about. constantine von hoffman, thank you so much. > >my pleasure. for those of us still in the working world, a new study says time may be the most important factor to finding a job you love. payscale reports baby boomers are more satisfied at work than millenials. 78% o
employers work together to fill a worker credits for businesses that work with community college to create faster paths to careers. "we have employers who say they have to turn down work because they can't get workers to meet the orders that are coming in." some say the skills gap could be solved if employers paid more. "it isn't that requisite skills aren't there; they aren't paying enough to attract people away from other occupational choices." but jim soderquist, who oversees a metal fabricating business, says raising pay would mean being less competative globally. "the higher the wages, the more likely we are to go to automation, computer software and such." so far about half of the bills that have been introduced in the senate have bi-partisan co- sponsors. also on the hill today.. 41 house and senate members in charge of writing a farm bill will meet about the much delayed legislation. farms, capitol hill, people the farm bill covers crop insurance, subsidies, conservation and food aid programs. currently there is a $35 billion dollar gap standing between democrat
the selling that happens for a tax reasons and other reasons in december as well as what's going to transpire on the budget and the debt ceiling in january. we will see a lot position squaring this month. lincoln we are seeing some weakeness in the market. how do you suppose that this friday will go? > i think that's the beginning of we're seeing in terms of this position squaring. people taking some chips off the table realizing that the bottom line organic growth and equity in companies is not really happening. looking at some the weakness in the underlying economy really beginning to reassess where they're putting their money to work. what was your best trade last month? > last month we really continued to like the energy space the midstream part of the piperuns the mlp's. we put it through center coast capital which is a fund where the amlp which is the e t f. good to have you on the show, have a great day! >thank you. as a new month begins today-- it also marks the end of an added boost to food stamps. roughly 48 milion americans depend on food stamps to make ends meet. starting today
economic stimulus levels ---much as the payroll tax holiday expired at the beginning of this year. as our cover story explains, it's not only direct recipients who are affected. the greater chicago food depository is bracing for more demand for its pallets of food shuttled on forklifts daily. this giant warehouse already supplies 650 low-income food pantrys, soup kitchens and shelters throughout chicago. and the need for meals has not eased up since end of the recession. "over the last five years, we've seen a 70% increase in food pantry visits in cook county, alone." the food stamp rollback is the end of a temporary boost to food stamp allocations as part of the 2009 economic stimulus. it affects 47-million americans. the rollback, effective immediately cuts $36 a month for a family of four. the usda estimates the result will be 21- fewer meals per month for that family. but advocates for low income families say while some segments of the population are recovering economically, that hasn't happened for a lot of americans. "we haven't seen an economic recovery for low- income. the census
Search Results 0 to 3 of about 4